Transdigm Group Incorporated $TDG Shares Sold by Barclays PLC

Barclays PLC lowered its holdings in Transdigm Group Incorporated (NYSE:TDG) by 15.9% during the fourth quarter, Holdings Channel reports. The fund owned 98,133 shares of the aerospace company’s stock after selling 18,601 shares during the quarter. Barclays PLC’s holdings in Transdigm Group were worth $130,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Transamerica Financial Advisors LLC increased its stake in shares of Transdigm Group by 1,900.0% in the fourth quarter. Transamerica Financial Advisors LLC now owns 20 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 19 shares during the period. Marshall Wace LLP acquired a new stake in Transdigm Group during the fourth quarter valued at $61,951,000. CANADA LIFE ASSURANCE Co grew its position in Transdigm Group by 21.1% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 28,021 shares of the aerospace company’s stock valued at $37,292,000 after buying an additional 4,887 shares during the period. Blacksheep Fund Management Ltd grew its position in Transdigm Group by 53.0% during the fourth quarter. Blacksheep Fund Management Ltd now owns 58,464 shares of the aerospace company’s stock valued at $77,748,000 after buying an additional 20,244 shares during the period. Finally, Bridgewater Associates LP acquired a new stake in Transdigm Group during the fourth quarter valued at $7,394,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Up 1.6%

Shares of NYSE TDG opened at $1,275.52 on Tuesday. The company’s 50-day simple moving average is $1,213.88 and its 200-day simple moving average is $1,276.85. Transdigm Group Incorporated has a 52-week low of $1,123.61 and a 52-week high of $1,623.82. The firm has a market cap of $71.34 billion, a price-to-earnings ratio of 39.81, a price-to-earnings-growth ratio of 2.20 and a beta of 0.91.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $9.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.46 by $0.39. Transdigm Group had a net margin of 20.24% and a negative return on equity of 26.49%. The business had revenue of $2.54 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter last year, the business earned $9.11 earnings per share. The company’s revenue for the quarter was up 18.3% compared to the same quarter last year. Transdigm Group has set its FY 2026 guidance at 38.830-40.210 EPS. Equities research analysts anticipate that Transdigm Group Incorporated will post 37.82 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on the stock. Morgan Stanley raised their price target on shares of Transdigm Group from $1,660.00 to $1,680.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Wells Fargo & Company assumed coverage on shares of Transdigm Group in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $1,200.00 price target on the stock. TD Cowen dropped their price target on shares of Transdigm Group from $1,565.00 to $1,450.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. JPMorgan Chase & Co. raised their price target on shares of Transdigm Group from $1,440.00 to $1,450.00 and gave the company a “neutral” rating in a research report on Monday. Finally, Stifel Nicolaus dropped their price target on shares of Transdigm Group from $1,650.00 to $1,525.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Ten equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,525.06.

Insider Activity

In other news, Director W Nicholas Howley sold 10,132 shares of Transdigm Group stock in a transaction dated Monday, May 18th. The shares were sold at an average price of $1,180.82, for a total value of $11,964,068.24. Following the sale, the director owned 21,548 shares in the company, valued at $25,444,309.36. This trade represents a 31.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Joel Reiss sold 3,900 shares of Transdigm Group stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $1,154.09, for a total transaction of $4,500,951.00. Following the completion of the sale, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,154,724. This trade represents a 52.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 38,196 shares of company stock worth $46,567,024. Company insiders own 3.20% of the company’s stock.

Transdigm Group Profile

TransDigm Group Incorporated is a designer, producer and supplier of engineered aircraft components and systems for commercial and military aerospace applications. The company’s product portfolio covers a broad range of mission-critical parts and subsystems, including mechanical and electromechanical components, ignition and fuel system parts, sensors and actuators, cockpit and cabin systems, and other safety-critical hardware. TransDigm supplies original equipment manufacturers (OEMs) as well as the aftermarket, providing spare parts, repair and overhaul services and component support throughout an asset’s life cycle.

TransDigm’s operating model places emphasis on proprietary, niche components that are difficult to replace, and the company operates through a collection of independently run subsidiaries and brands that sell specialized products.